Real Estate of the West, Inc. - Appraisal Services is your FHA certified appraisal companyReal Estate of the West, Inc. - Appraisal Services is WY state certified and on the FHA Roster of approved residential appraisers. We're certified and approved to do reports for FHA insured financial transactions. We're trained and understand the rules and procedures in FHA's guidance and policy documents. Be sure to contact Real Estate of the West, Inc. - Appraisal Services if you need an appraisal done for an FHA-secured loan. An FHA loan is secured by the Federal Housing Administration, a federal organization within the U.S. Department of Housing and Urban Development (HUD). The FHA does not loan capital to borrowers, rather, it provides lending agencies with security through mortgage insurance in case the borrower does not pay his or her loan obligations. Low-income and moderate-income consumers benefit from an FHA-insured loan; the purpose of the Federal Housing Administration is to help credit-worthy potential buyers to meet expectations and requirements for lending agencies that they otherwise would not. Down payments are often lower with an FHA loan despite using conventional market rates. FHA loan programs are extremely useful to those consumers with less accumulated starting capital. |